Financial Rationale for Embracing Scotch Whisky as an Investment
Indeed, the exact opposite is the case with production of new whisky being affected by Covid-19. Demand has increased meaning that the supply has become one of the lowest in history. With less whisky being produced right now, if you invest in it this year, you’ll be getting something even more rare as a great investment for the future.
Casks have already proved themselves to be wise investments, with one report showing that if you invested $100,000 in them in July 2018, that would have been worth $160,000 within two years.
Meanwhile, the popularity of whisky (whether as an investment or a drink) around the world only continues to grow. The Scotch Whisky Association’s stats for 2019 show that there’s been worldwide growth in whisky sales of 4.4% up to an incredible £4.91 billion with growth in 106 global markets.